So Brexit seems to be a good thing then.
29 August 2018, 07:13 PM
#3301
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Is there a parallel here with french fishing fleet Coming over ere with their nets and catching baby fish before theyve ahd time to mature ???
re selfish shellfish uk idiots
re selfish shellfish uk idiots
30 August 2018, 08:26 AM
#3304
Scooby Senior
Still, everything will be good next year when there will be no more scallops but we can over-fish the cod to our hearts content! Looks like we'll have a great new export market for all that extra cod to Africa, because they've got so much money to spend, and in return they're going to teach us to dance!
30 August 2018, 09:14 AM
#3306
Scooby Senior
Panasonic moving Europe HQ to Amsterdam:
https://www.bbc.com/news/business-45351288
Not a massive amount of jobs, but from small acorns grow mighty oaks! I fear this is the start of a mass exodus of companies from the UK who can wait for this incompetent government to sort out what Brexit actually means other than Brexit. Companies need to mitigate their risks and can no longer delay their worst case plans.
30 August 2018, 01:35 PM
#3308
Here we go........ Panasonic moves out of UK ahead of Brexit
....They only employ 30 people FFS
Quite surprised they aren't in Jersey, Liechtenstein or the Caymens, but I guess the Japanese government has blacklisted those kind of tax havens
30 August 2018, 02:52 PM
#3310
30 August 2018, 04:02 PM
#3311
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They are only here as a tax dodge...what net income to the UK does its UK headquarters contribute?
....They only employ 30 people FFS
Quite surprised they aren't in Jersey, Liechtenstein or the Caymens, but I guess the Japanese government has blacklisted those kind of tax havens
30 August 2018, 04:14 PM
#3312
Scooby Senior
The big loss to the UK from Panasonic moving their EU HQ from the UK is not the loss of the 20 jobs which are moving, but the loss of the entire tax revenue on their EU profits which are currently declared via the UK HQ. As the BBC article states, Japanese tax laws mean they can't use tax havens to hide their profits, so they have to use an EU country that has a substantive corporate tax rate (i.e. not Luxembourg) or pay taxes in Japan. The EU profits will now be taxed in Holland and that amounts to a significant loss to the UK Exchequer!
30 August 2018, 07:00 PM
#3313
Its quite common for big companies to build a huge office block as their HQ that they can then plaster with their logos, then use one floor for themselves (with 30odd employees) and rent the rest of the office space out. It then looks like they have a huge presence and the office space rental covers the whole cost of the HQ operation in that country!
The big loss to the UK from Panasonic moving their EU HQ from the UK is not the loss of the 20 jobs which are moving, but the loss of the entire tax revenue on their EU profits which are currently declared via the UK HQ. As the BBC article states, Japanese tax laws mean they can't use tax havens to hide their profits, so they have to use an EU country that has a substantive corporate tax rate (i.e. not Luxembourg) or pay taxes in Japan. The EU profits will now be taxed in Holland and that amounts to a significant loss to the UK Exchequer!
The big loss to the UK from Panasonic moving their EU HQ from the UK is not the loss of the 20 jobs which are moving, but the loss of the entire tax revenue on their EU profits which are currently declared via the UK HQ. As the BBC article states, Japanese tax laws mean they can't use tax havens to hide their profits, so they have to use an EU country that has a substantive corporate tax rate (i.e. not Luxembourg) or pay taxes in Japan. The EU profits will now be taxed in Holland and that amounts to a significant loss to the UK Exchequer!
https://beta.companieshouse.gov.uk/c...pdf&download=0
£881,000 if I read that right
...it was £18 million the year before 
Last edited by ALi-B; 30 August 2018 at 07:01 PM.
04 September 2018, 11:10 AM
#3314
Scooby Regular
Its quite common for big companies to build a huge office block as their HQ that they can then plaster with their logos, then use one floor for themselves (with 30odd employees) and rent the rest of the office space out. It then looks like they have a huge presence and the office space rental covers the whole cost of the HQ operation in that country!
The big loss to the UK from Panasonic moving their EU HQ from the UK is not the loss of the 20 jobs which are moving, but the loss of the entire tax revenue on their EU profits which are currently declared via the UK HQ. As the BBC article states, Japanese tax laws mean they can't use tax havens to hide their profits, so they have to use an EU country that has a substantive corporate tax rate (i.e. not Luxembourg) or pay taxes in Japan. The EU profits will now be taxed in Holland and that amounts to a significant loss to the UK Exchequer!
The big loss to the UK from Panasonic moving their EU HQ from the UK is not the loss of the 20 jobs which are moving, but the loss of the entire tax revenue on their EU profits which are currently declared via the UK HQ. As the BBC article states, Japanese tax laws mean they can't use tax havens to hide their profits, so they have to use an EU country that has a substantive corporate tax rate (i.e. not Luxembourg) or pay taxes in Japan. The EU profits will now be taxed in Holland and that amounts to a significant loss to the UK Exchequer!
meanwhile a real benefit of Brexit is the plan to install hundreds of portaloo's on the M20 - with the expectation of 20 mile queues
04 September 2018, 09:51 PM
#3321
Scooby Senior
So how many millions of people will die because of Brexit?
Our is that just a completely meaningless slogan designed to rally the people who are two stupid to think for themselves and realise how utterly deluded it is to compare surviving two wars to the economic suicide of Brexit?
Our is that just a completely meaningless slogan designed to rally the people who are two stupid to think for themselves and realise how utterly deluded it is to compare surviving two wars to the economic suicide of Brexit?
05 September 2018, 07:44 AM
#3322
So how many millions of people will die because of Brexit?
Our is that just a completely meaningless slogan designed to rally the people who are two stupid to think for themselves and realise how utterly deluded it is to compare surviving two wars to the economic suicide of Brexit?
Our is that just a completely meaningless slogan designed to rally the people who are two stupid to think for themselves and realise how utterly deluded it is to compare surviving two wars to the economic suicide of Brexit?
There won't be a suicide, which by the word means death, no more etc. The UK will continue to trade with European countries, just in a different way.
The usual exaggerated phrases, cliff edge, crash, suicide from remainers
05 September 2018, 10:33 AM
#3326
Assuming we don't get a free trade deal (and let's be honest, the EU have the upper hand here), then more trade will mean more expense for UK business and consumers (admittedly somewhat offset by the increased trade, possibly). If we get less trade, then we have to increase trade with the rest of the world to maintain our economy, which brings us back todpb's point.
05 September 2018, 12:43 PM
#3328
Assuming we don't get a free trade deal (and let's be honest, the EU have the upper hand here), then more trade will mean more expense for UK business and consumers (admittedly somewhat offset by the increased trade, possibly). If we get less trade, then we have to increase trade with the rest of the world to maintain our economy, which brings us back todpb's point.
05 September 2018, 01:09 PM
#3329
That the word. The UK could go with all-sorts of trade arrangements from opting to have zero tariffs to high tariffs. What the UK must have is the unfettered freedom to choose the best option once out of the EU, no ties in, restrictions which will hinder the UK's direction
Mmmm, I don't think the UK is in a position to say no tariffs! Well, we could say to the EU "we won't charge you" but do you think for a moment they won't charge us? It's a typical brexiteer attitude to think we "must have is the unfettered freedom to choose the best option", as trade is a two way street. That is also true of non EU deals we make. We are the UK of 2019, not the UK of 1850, we simply don't have that clout.
Two years down the line, there is no indication that countries are queuing up to give us, well, any deal, never mind some superb deal, so we will have the delightful position of having to wait and see for a few years what comes out of the woodwork.
That's on top of the cost of extricating us from all the EU institutions we are now part of, setting up ones to replace them, changing all soft and hard infrastructure, it goes on and on. And for what? The possibility that it might be better some years down the line.
All to satisfy the xenophobia of elements of the UK population and to 'regain control', whatever that means
